As China reopens and data surprises, economists are starting to get less gloomy

As China reopens and data surprises, economists are starting to get less gloomy

• Barclays on Friday raised its global growth forecast to 2.2% in 2023, up 0.5 percentage points from its last estimate in mid-November.
• Berenberg also upgraded its euro zone forecast in light of recent news flow, particularly falling gas prices, a consumer confidence recovery and a modest improvement in business expectations.
• TS Lombard on Friday lifted its euro area growth forecast from -0.6% to -0.1% for 2023.

https://www.cnbc.com/2023/01/16/as-china-reopens-and-data-surprises-economists-are-starting-to-get-less-gloomy.html